Answer:
$8,395
Explanation:
You will have
$4,150 x (1 + 0.073)^10 = $8,395 at the end of 15 years from today.
The cengage learning for the mitigation is the difference between the agreed upon $72000 less what was earned from the $25000 position that barton managed to obtain
<u>Explanation</u>:
Mitigation of damages:
In the case of barton v. vanhorn a court would consider barton's attempts at findings similar employment a reasonable step in mitigating her damages.
Under the doctrine of damage mitigation, a wrongfully terminated employee must look for other compartable employment, and subtract whatever you make from that job from what you request in damages.
Damages in the case would be the difference between the agreed upon $72000 less what was earned from the $25000 position that barton managed to obtain.
Answer:
Mark-up = 50%
Explanation:
Given the following data;
Selling price = 15 Pesos
Purchasing cost = 10 Pesos
To find the mark-up;
First of all, we would determine the profit;
![Profit = Selling \; price - Purchasing \; cost](https://tex.z-dn.net/?f=%20Profit%20%3D%20Selling%20%5C%3B%20price%20-%20Purchasing%20%5C%3B%20cost%20)
Profit = 15 - 10
Profit = 5 Pesos
Now, we can solve for the mark-up using the formula below;
![Mark \; up = \frac {Profit}{Purchasing \; cost} * 100](https://tex.z-dn.net/?f=%20Mark%20%5C%3B%20up%20%3D%20%5Cfrac%20%7BProfit%7D%7BPurchasing%20%5C%3B%20cost%7D%20%2A%20100%20)
![Mark \; up = \frac {5}{10} * 100](https://tex.z-dn.net/?f=%20Mark%20%5C%3B%20up%20%3D%20%5Cfrac%20%7B5%7D%7B10%7D%20%2A%20100%20)
![Mark \; up = \frac {500}{10}](https://tex.z-dn.net/?f=%20Mark%20%5C%3B%20up%20%3D%20%5Cfrac%20%7B500%7D%7B10%7D%20)
Mark-up = 50%
Answer:
21.45%
Explanation:
Remaining amount to have $1,000,000 = $1,000,000 - $50,000 = $950,000
Using the interest rate function RATE(nper,pmt,pv,fv) in the excel, we obtain an interest rate of 21.45%
Where,
nper = number of period = 30
pmt = annual payment
pv = present value which has a default value of 0.
fv = future value = $950,000
Note: Find attached the excel sheet to see result.